Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 521 - 530 of 5905 results for "Rates"

Qantas Super reduces premiums again

KARREN VERGARA  |  TUESDAY, 23 JAN 2024
... six months after it made a round of cuts. On January 1, Qantas Super premiums for income protection reduced by 13%, while rates for default and voluntary death and total and permanent disablement (TPD) cover were lower by about 16%. TPD cover, for example ...

Australian economic growth slows, IMF maintains positive outlook

ANDREW MCKEAN  |  MONDAY, 22 JAN 2024
... year-over-year in 2022 to 2.1% in the second quarter of 2023, attributing this to persistent inflation and elevated interest rates which have raised the cost of living and resulted in declining real wages. Inflation eased to 5.4% in the third quarter ...

ME Bank fined $820k for misleading borrowers

CHLOE WALKER  |  MONDAY, 22 JAN 2024
... December 2016 and 23 February 2018, ME Bank also neglected to send letters to certain customers regarding changes in interest rates and minimum repayment amounts after the expiration of an interest-only or fixed-rate period. The bank pleaded guilty to ...

Market performance fails to sway retirement confidence: State Street

ANDREW MCKEAN  |  FRIDAY, 19 JAN 2024
... annuities has softened since 2022," State Street said. "It isn't clear whether this softening is due to higher interest rates, or education or some other factor, but it does augur well for trustees looking to include longevity products in holistic retirement ...

Bond ETFs poised for growth in 2024: Vanguard

ANDREW MCKEAN  |  THURSDAY, 18 JAN 2024
Bond ETFs attracted a surge of interest from Australian investors in 2023, as rising interest rates made fixed income allocations more appealing, according to data released by the ASX and Vanguard. Australian bond ETFs received $3.81 billion in cash ...

Macquarie consortium bids for technology firm

KARREN VERGARA  |  WEDNESDAY, 17 JAN 2024
... notes that, since the company was listed, an uncertain macroeconomic environment, including higher inflation and interest rates, has led to a significant change in capital market sentiment regarding companies exposed to the construction industry," the ...

Experts expect the RBA to hold: Finder

CHLOE WALKER  |  MONDAY, 15 JAN 2024
... which surveyed 19 experts and economists, also found that half (40%) of respondents don't expect the RBA to start cutting rates until December 2024 or later. Finder head of consumer research Graham Cooke said that local homeowners are still reeling from ...

Bitcoin ETFs reach US$4.6bn in trading volume on launch day

ANDREW MCKEAN  |  FRIDAY, 12 JAN 2024
... ARK Invest, and Invesco have announced a strategy of offering zero fees for the initial six months, reverting to set fee rates of 0.24%, 0.25%, and 0.59% respectively thereafter. Grayscale stands out as the costliest option, imposing a 1.5% fee, while ...

Infrastructure's diversification benefits timely: Clearbridge

CHLOE WALKER  |  WEDNESDAY, 10 JAN 2024
... along with inflation generally every quarter, but at minimum every year, while a US utility must wait until it negotiates rates with its regulator, which may not be for a year or two, and then the price increase arrives a year after that," he said. "Given ...

Balanced portfolios to reap rewards in 2024: UBS

CHLOE WALKER  |  TUESDAY, 9 JAN 2024
... and UBS head of portfolio strategy and UBS Wealth Way Solutions, Americas Daniel J Scansaroli, says slower global growth rates, higher government debt, deglobalisation and a focus on digitisation is likely to shift growth further into private sectors. ...